bloggingstocks.com - 12/4/2008
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Telecommunications giant AT&T will cut 12,000 jobs to reduce expenses amid slowing business conditions, due to the U.S. recession, the company announced Thursday . The cuts amount to a 4% workforce reduction, and the company also said it will take a company-record $600 million charge in Q4 ...
online.wsj.com - 12/4/2008
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online.wsj.com —
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AT&T Cutting 12,000 Jobs;
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Phone Giant AT&T to Slash 12,000 Jobs
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... ), which was once out-of-favor given its conservative business model, now becomes attractive as it seems to be weathering the economic storm fairly well, thinks Joseph Lazzaro. ...
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